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    Reference: 20200653
    Release date: 22 November 2021

    Promoter – Financial Intermediary

    AIRBORNE INTERNATIONAL BV

    Location

    Description

    Airborne International BV. is a Dutch company, headquartered in The Hague, which specialises in the development and production of advanced specialty composite products as well as automated manufacturing systems for their production. The EIB financing will support investments in research and development (R&D) aimed at developing automated manufacturing solutions and to a lesser extent the development of advanced products for satellite solar panels and high precision antenna applications.

    Objectives

    The objectives of the EIB financing are to support the company to mitigate the impact from the COVID-19 pandemic and to execute its growth investments mainly in R&D and commercial expansion.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 16 million

    Total cost (Approximate amount)

    EUR 24 million

    Environmental aspects

    The project activities do not fall under the Annexes I or II of the EU Directive2014/52/EU amending the EIA Directive 2011/92/EU. The project will be carried out in existing facilities, already authorised, that will not change their scope due to the project. As such, the project activities are not subject to a mandatory environmental impact assessment (EIA).

    Procurement

    The Promoter is a private company not operating in the utilities sector and not having the status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures followed by the Promoter are suitable for the project.

    Status

    Under appraisal - 22/11/2021

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    The Netherlands Industry